V.5:2 (50-54): In search of the perfect system: Interview Jack Schwager

V.5:2 (50-54): In search of the perfect system: Interview Jack Schwager
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In search of the perfect system: Interview Jack Schwager

Jack Schwager, self-confessed skeptic and diligent debunker of "new and improved" commodity trading systems, is director of both research and managed trading for PaineWebber and is a not-too-recent convert to the ways of technical analysis.

Fifteen years ago, as an economics major fresh out of graduate school, Schwager began his career as a research analyst at Reynolds Securities with no previous experience with commodities. "But I wasn't into the job for more than a week," he says, "when I realized this was something interesting and something I'd like to make a career out of."

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